Allianz Commercial has announced a significant addition to its global leadership team. Vanessa Maxwell has been appointed as the Global Head of Cyber, while continuing her role as Global Head of Financial Lines. This dual role, effective immediately, underscores the strategic importance of both Cyber and Financial Lines to Allianz Commercial.
Maxwell, who brings over two decades of experience in Financial Lines and Cyber, will report to Shanil Williams, Chief Underwriting Officer at Allianz Commercial. Her leadership ensures the management of Cyber and Financial Lines as separate Lines of Business, highlighting their critical roles within the broader insurance market.
Vanessa Maxwell joined Allianz Commercial nearly two years ago from Berkshire Hathaway, where she served as Country Manager and Head of Executive and Professional Lines for the UK. Her extensive career also includes senior positions at AIG and Lexington Insurance Company, solidifying her expertise and leadership in the industry.
“Cyber Leadership Team”
This appointment follows the departure of Scott Sayce, Maxwell’s predecessor, who transitioned to a new role outside Allianz in June. Shanil Williams expressed gratitude for Sayce’s contributions, noting his successful leadership in establishing Cyber as a significant and stand-alone Line of Business within Allianz Commercial. He credited Sayce with significantly growing Allianz Commercial’s cyber presence in its portfolio.
Williams also expressed confidence in Maxwell’s ability to lead and expand Allianz’s market presence in both Cyber and Financial Lines. “I have every confidence that Vanessa Maxwell, along with the Cyber leadership team, will continue to build our presence in this area, aligning with our ambitions of market leadership,” Williams stated.
With Maxwell’s dual appointment, Allianz Commercial aims to strengthen its position in the global insurance market, leveraging her vast experience and leadership to drive growth and innovation in both critical sectors.
Source: Vanessa Maxwell appointed Global Head of Cyber and Financial Lines at Allianz Commercial.
Other News: Oliver Bäte, Allianz CEO, Joins Coalition’s Board of Directors(Opens in a new browser tab)